Taxes less subsidies on products in Cayman Islands
Cayman Islands: Taxes less subsidies on products was 416.41 million current US$ in 2024. ▲ Rising
Taxes less subsidies on products in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Cayman Islands stood at 416.41 million current US$. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 68.1% over ten years.
Over the whole period, taxes less subsidies on products in Cayman Islands peaked at 416.41 million current US$ in 2024 and was at its lowest, 208.34 million current US$, in 2010.
That places Cayman Islands 150th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products in Cayman Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 268.36 million current US$ | — |
| 2007 | 253.11 million current US$ | -5.7% |
| 2008 | 258.88 million current US$ | +2.3% |
| 2009 | 209.03 million current US$ | -19.3% |
| 2010 | 208.34 million current US$ | -0.3% |
| 2011 | 232.09 million current US$ | +11.4% |
| 2012 | 241.21 million current US$ | +3.9% |
| 2013 | 243.95 million current US$ | +1.1% |
| 2014 | 247.78 million current US$ | +1.6% |
| 2015 | 243.78 million current US$ | -1.6% |
| 2016 | 267.77 million current US$ | +9.8% |
| 2017 | 272.97 million current US$ | +1.9% |
| 2018 | 335.12 million current US$ | +22.8% |
| 2019 | 339.33 million current US$ | +1.3% |
| 2020 | 262.45 million current US$ | -22.7% |
| 2021 | 359.70 million current US$ | +37.1% |
| 2022 | 382.12 million current US$ | +6.2% |
| 2023 | 410.65 million current US$ | +7.5% |
| 2024 | 416.41 million current US$ | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 247.35 million current US$ | 209.03 million current US$ | 268.36 million current US$ | 4 |
| 2010s | 263.23 million current US$ | 208.34 million current US$ | 339.33 million current US$ | 10 |
| 2020s | 366.27 million current US$ | 262.45 million current US$ | 416.41 million current US$ | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- GNI (current LCU), per unit of GDP 0.6731 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 5,593 current US$ per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0536 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate 1.4 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 18.32 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 18.32 % change on previous year (2024)
- GNI (current LCU), per capita 70,198 current LCU per person (2024)
- GNI (current US$), per unit of GDP 0.8077 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.7854 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 14.45 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products in Cayman Islands?
- Taxes less subsidies on products in Cayman Islands was 416.41 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Cayman Islands?
- The highest recorded value was 416.41 million current US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Cayman Islands?
- The lowest recorded value was 208.34 million current US$ in 2010.
- How does Cayman Islands rank for taxes less subsidies on products?
- Cayman Islands ranks 150th out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Cayman Islands?
- Over the last ten years it is up 68.1%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.